USGD Completes Radiometric Survey at Madison Project Today, American Pacific Mining (USGD.c USGDF) announced the completion of a radiometric survey at its Madison Copper-Gold Project in Montana.
As part of the 2024 exploration program, the survey covered 462 kilometers using drone flights to cover the property and detect potassium anomalies critical for porphyry formation.
Following the discovery of a correlation between copper and uranium in skarn minerals, the survey was commissioned with the goal of identifying uranium exposures and aiding further exploration in the region.
While this innovative approach is rarely used in copper and gold exploration, USGD's Managing Director of Exploration, Eric Saderholm, detailed it's importance in enhance regional targeting and refine geological understanding for USGD, stating:
"Surveying these muted or limited surface uranium expressions will give us a valuable regional targeting tool that mapping simply cannot. Additionally, this survey identifies potassium anomalies that often indicate potassic alteration, a style of potassium enrichment widely known to be essential to copper and gold porphyry emplacement and will further enhance our understanding of the property-wide geology and the refinement of regional targeting."
Full News Release:
https://americanpacificmining.com/news-releases-2024/american-pacific-completes-radiometric-survey-madison-copper-gold-project/ For more information on the Madison Copper-Gold Project including the latest assay results, refer to this interview from Peter Grandich with Eric Saderholm and USGD's CEO, Warwick Smith:
https://www.youtube.com/watch?v=S1OASufUZvk The first three holes of its seven-hole Phase I drill program at the Madison Copper-Gold Project demonstrated significant copper and gold mineralization beyond previously mined areas, highlighted by 38 meters of 2.34% copper equivalent and 32 meters of 3.15 g/t gold.
Aiming to extend mineralization near historical mine workings, the results additionally confirmed a 3-kilometer strike length with high-grade results and potential for both copper and gold.
With plans for continued exploration, including phase two and phase three drilling programs, and eventually developing a feasibility study, USGD is fully funded for phase two and expects to releas emore drill results soon amid ongoing permitting and exploration continuing into early 2025.
Posted on Behalf of American Pacific Mining Corp.